Senior Risk Analyst London, United Kingdom

BERKSHIRE HATHAWAY SPEC INS; London; On-site; GBP 45,000 - 80,000; Full time

Job summary

Join a forward-thinking insurance partner as a Senior Risk Analyst in London. In this dynamic role, you'll collaborate with the Chief Risk Officer to oversee the risk management framework, ensuring effective management of underwriting and operational risks. You'll engage with diverse stakeholders, perform risk assessments, and contribute to the company's strategic objectives. This position offers a competitive package and a culture that values integrity, collaboration, and individual excellence. If you're passionate about risk management and thrive in a dynamic environment, this opportunity is perfect for you.

Benefits

Competitive Salary

Career Growth Opportunities

Dynamic Work Environment

Qualifications

• 4+ years of risk management experience in financial services.
• Experience in preparing and presenting high-quality reports.

Responsibilities

• Perform quarterly risk and control assessments for various risks.
• Collaborate with management on the Own Risk and Solvency Assessment.

Skills

Risk Management

Analytical Skills

Interpersonal Skills

Attention to Detail

Planning and Organizational Skills

Education

Qualified Accountant

Degree in Finance or Related Field

Job description

Who are we?
A strategic and trusted insurance partner, Berkshire Hathaway Specialty Insurance (BHSI), provides a broad range of commercial property, casualty and specialty insurance coverages and outstanding service to customers and brokers around the world. Part of Berkshire Hathaway’s insurance operations, we bring our solutions to market with our stellar brand name, top-rated balance sheet, and the expertise of our global team of professionals, who exude excellent capabilities and strong character.

We are a values-based organization where respect, integrity, excellence, collaboration, and passion define who we are and how we do business. We value diversity of backgrounds, experience, and perspectives and strive to foster an inclusive environment that enables all our team members to bring their best selves to work. We are one team committed to building a culture where every teammate has the opportunity to contribute and be recognized. Want to be part of the team building the finest property, casualty and specialty lines insurance company in the world?

Berkshire Hathaway Specialty Insurance (BHSI) has an exciting opportunity for a Senior Risk Analyst to join the Risk team in London. This is a diverse and dynamic role. As part of the Risk team you will work with the Chief Risk Officer to monitor and maintain oversight of the risk management framework. The Risk team works closely with all business units, operates as a second line of defense and is responsible for ensuring that the company’s risks and controls are properly managed by the first line. The Risk team supports the achievement of business plan objectives through supporting the management of all risks and the provision of robust and independent challenge of underwriting activities.

Duties & Responsibilities:

• Perform quarterly risk and control assessment for all risks, including underwriting, market, credit, operational, conduct and strategic risks. Actively engage with risk owners to ensure effective management of the company’s risks.
• Regularly monitor the company’s performance against the risk appetite statements.
• Perform 2nd Line assurance testing on the control environment.
• Perform risk assessments and due diligence of third-party service providers for the approval of the Risk Committee and Board.
• Participate in thematic reviews outlined in the annual Risk plan.
• Collaborate with Management and stakeholders in the production and documentation of the Own Risk and Solvency Assessment (ORSA).
• Work closely with all business units, including the operations team on operational resilience.
• Identify and monitor risk incidents and near misses.
• Prepare quality management information reports for both internal Committees and regulators.
• Assist in the continuous enhancement and development of the Risk Management Framework.

Qualifications, Skills, and Experience:

• 4+ years of risk management experience in financial services. Qualified Accountant or similar experience preferable.
• Experience in preparing and presenting high quality reports for internal and external stakeholders demonstrating a strong attention to detail.
• Exceptional interpersonal skills. This is a people facing role requiring a friendly and approachable professional.
• Ability to manage and prioritise competing demands. Ability to work efficiently in a diverse and dynamic environment.
• Excellent planning and organisational skills.
• Strong quantitative and analytical skills.

BHSI Offers:

• A competitive package and exciting growth opportunities for career-oriented teammates
• A dynamic, action oriented, and thoughtful environment centered on always doing the right thing for our customers, teammates, and our other stakeholders.
• A purposely non-bureaucratic organization that embraces simplicity over complexity and emphasizes individual excellence in a team framework.

To apply, please submit your CV with a cover letter outlining why this would be the perfect role for you to [e-mail]

NOTE: Compensation will be commensurate with experience. This job description is not intended to be all-inclusive. Team Member may perform other related duties as negotiated to meet the ongoing needs of the organization